Student Protests Parking Tickets by Paying Fine With 11,000 Pennies
I'm ok with this, someone at least is standing up to stupid government looting. I believe he has a good point and is practicing something we can agree with. The state should not be stealing 80% of the parking fines for other purposes.
(Does anyone know of even one case where a fine has been ruled "excessive" under the 8th Amendment?)
Background[edit]
In 1993, Hosep Krikor Bajakajian had attempted to leave the United States with $357,144 without reporting this to customs officials as required by 31 U.S.C. § 5316, which requires the reporting of all international movements of currency with value in excess of $10,000. The Government sought forfeiture of the entirety of the $357,144. None of the money was found to have been connected with any other criminal action whatsoever. Bajakajian was traveling to Cyprus via Italy, and the cash was intended to pay a debt. He was also initially charged with lying to customs, but this charge was dropped.
Bajakajian pleaded guilty to failure to report and opted for a bench trial on the forfeiture of the $357,144. A United States district court judge found the forfeiture of the whole $357,144 to be grossly disproportionate and in violation of the Eighth Amendment. He ordered forfeiture of $15,000 in addition to the maximum fine of $5,000 and three years probation for failure to report. Bajakajian had been eligible for six months in prison, but the Judge did not impose this sentence.
one third of that would be .144" thick
Just have to stay out of mordida, dash, and baksheesh prone countries.Which means Greece or turkey to get to Cyprus.
I'll use a what if. What if I win the lottery. for say $400,000,000.00, I take the 50% option of $200,000,000.00 and pay Federal and State Taxes of 45% combined. Now the account is down to $110,000,000.00.
I want to put in non-interest producing accounts and do zero investing to keep from screwing with and getting screwed over evry tax season. I cancel my accounts where the regular retirement and SS is deposited. So they can't be paid. If they aren't paid I don't owe any taxes or do I?
I want to buy a home in Chile and another in Mexico and a third in Norway. Nothing fancy but say $500,000.00 each. Add one in Australia for a total of two million.I open a bank account in each country.
The lottery folks paid me in cashiers checks.of 25 million each and one for ten million.I some of that in Anderson Federal Credit Union which specializes in people who travel a lot IF you are former military retiree. But it''s all in a non interest bearing account. the other four go to the four countries mentioned into the same type of accounts. No interest. i report the money with copies of all the paper work. Including local taxes on the properties. Obviously I feel safer financially.
Obviously - Nothing goes to Bank America.
The question is to which country do I pay one million for instant dual citizenship?
So far and I stress that if the taxes are paid there is no requirement to keep the funds in a bank or other ...therefore the cashier's checks but perhaps T Bills would work too.Ther requirement is a. don't carry cash through airports and b. report all transactions over $10,000 which include that new tricked out $30,000.00 Jeep with the $50,000 competition bass boat. I assume the dealership Shoot that could be a payment to a contractor for installing a sewer an water line from the house to the street.
the only quirk is $100 a month automatically goes from regular retirement to Medicare unless I cancel that. No worries I still have 10 million in the US to cover medical bills.
Where did i find it. googled 8th Amendment supreme court cases most of which were death penalty etc but one or two fit the bill and this seemed to be the best fit.
Most of what did fit was in the realm of property confiscation and asset forfeitures due to RICO etc. And yes there is a ton of it that's just plain government greed . For example. someone sets up a lab in a motel rented room. Gets busted and the owner of the motel loses the property.
I found no mention of a growop on federal land causing the same legal response nor on state land for that matter.
A pipe dream but what if they gave an economy and no one came? For just one day. A national strike from the CEOs on down to the Janitors.Nothing produced, nothing sold, nothing purchased. What if they gave an economy and no one gave a s--t?
"Here Geo. have some refreshing local koolaid?
Geo. drank it down then stumbled and dropped his dixie cup where upon Borel fined him for polluting the pristine wilderness.
Geo. I'm afraid we'll have to revoke those carbon tax credits. Geo! Geo! Are you sure it's siesta time?
The local tribal hunters showed up and observed "Dumba Ass Gringos that's not kool aid that for blow gun darts."
"Oh really how does that work?"
Hows that?
Obviously the student were not business majors. My guess would be pre-law.
It will probably just add to the rationale to do away with the penny.
The mint reported it costs 1.1 cents to make a new slug penny.
http://coincollectingenterprises.com/...
http://cashmoneylife.com/us-mint-ceas...
From Huff Post, 2013:
http://www.huffingtonpost.com/2013/02...
There is nothing on the US Mint site saying they are killing the Penny. I hadn't known Canada did a couple years ago, but that is now one of the arguments I saw for doing it. Evidently, they just round up or down. I guess there are a lot of things selling for .03 or such numbers.
Don't think you can automatically win, in these situations...